FLORIDA DEPARTMENT OF EDUCATION
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    STATE BOARD OF EDUCATION
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    John L. Winn
    Commissioner of Education
    F. PHILIP HANDY,
    Chairman
    T. WILLARD FAIR,
    Vice Chairman
    Members
    DONNA G. CALLAWAY
    LINDA J. EADS, ED.D.
    CHARLES PATRICK GARCÍA
    JULIA L. JOHNSON
    LINDA K. TAYLOR
    CONTACT PERSON:
    NAME:
    Keith Neel
    David Montford
    PHONE:
    (850) 245-0405
    SUNCOM:
    205-0405
    COEFO:
    05-15
    M E M O R A N D U M
    DATE: December 7, 2004
    TO: District School Superintendents
    FROM: Jeanine Blomberg
    SUBJECT: 2004-05 Florida Education Finance Program Third Calculation
    Attached is the third calculation of the 2004-05 Florida Education Finance Program
    (FEFP). This calculation incorporates 2004-05 Full-Time Equivalent (FTE) student
    membership and supplemental information prepared from the summation of July and
    October survey data on the database as of November 23, 2004, with estimates for the
    February and June surveys. The 2004 ad valorem tax roll certified by the Department of
    Revenue on November 19, 2004, was used in the calculation of required and discretionary
    local effort.
    In comparing the third calculation with the second calculation of the 2004-05 FEFP, the
    following summary-level changes are noted:
    1.
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    Unweighted FTE students decreased by 6,371.98 from 2,615,126.98 to 2,608,755.00.
    2.
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    Funded weighted FTE students decreased by 18,778.15 from 2,888,702.44 to
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    2,869,924.29. The total Group 2 over-cap weighted FTE students is 654.84; the
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    total Group 2 under-cap weighted FTE students is 28,442.61.
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    JEANINE BLOMBERG
    Deputy Commissioner, Finance and Operations
    325 W. GAINES STREET • SUITE 1214 • TALLAHASSEE, FL 32399-0400 • (850) 245-0456 • www.fldoe.org
    District School Superintendents
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    Page 2
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    December 7, 2004
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    3.
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    FEFP Base Funding decreased by $70,430,834 from $10,600,746,913 to
    $10,530,316,079 as a result of the funded weighted FTE student decrease.
    4.
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    The Declining Enrollment Supplement increased $2,645,303 from $8,492,456 to
    $11,137,759.
    5.
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    The Minimum Guarantee, which guarantees a 1.00% increase in funds per weighted
    FTE for all districts, decreased by $115,037 to zero.
    6.
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    The Discretionary Contribution increased $78,133 from $1,447,230 to $1,525,363.
    7.
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    The Discretionary Tax Equalization State Supplement remained the same.
    8.
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    Total Required Local Effort (RLE) increased $15,043,923 from $5,599,849,397 to
    $5,614,893,320.
    9.
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    Total Prior Year Adjustments are $2,836,746. Individual district amounts may be
    significant due to inclusion of the net earned vs. paid as a result of the final 2003-04
    calculation.
    10. The amount withheld for scholarship programs is $102,375,180.
    Distribution of FEFP and Discretionary Lottery Funds as a result of the revised allocations
    will begin with the December 28, 2004, electronic funds transfer.
    JB:kn
    Attachment
    cc:
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    Finance Officers
    FTE Administrators

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